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presentation of the centipede as a repeated trust game. Our results could be interpreted as cognitive limitations being more …
Persistent link: https://www.econbiz.de/10010291805
We experimentally manipulate the efficiency of trust and reciprocity in a modified Investment Game. The aim of our … manipulation is to test whether reciprocity is mainly affected by payoff consequences of trust or by intentions underlying it. We … find that intentions matter and that consequences have an asymmetric impact: trustees reward trust more when trust is more …
Persistent link: https://www.econbiz.de/10010291809
those of the original study. We mainly observe hidden costs of control of low magnitude which lead to low-trust principal …
Persistent link: https://www.econbiz.de/10010267131
This note reports a replication study of Falk and Kosfeld’s (2006) medium control treatment.In the experimental game, an agent has an endowment of 120 experimental currency units anddecides how much to transfer to a principal. For every unit that the agent gives up, the principalreceives two...
Persistent link: https://www.econbiz.de/10005866534
We experimentally examine how group identity affects trust behaviorin an investment game. In one treatment, group …) to minimal group identityto two-dimensional group identity, we find no significant differencesin trust decisions. However …, trust is significantly and positively correlatedwith contribution decisions, suggesting that "social" trust isbehaviorally …
Persistent link: https://www.econbiz.de/10005866633
Persistent link: https://www.econbiz.de/10011911886
To understand why investors hold socially responsible mutual funds, we link administrative data to survey responses and behavior in incentivized experiments. We find that both social preferences and social signaling explain socially responsible investment (SRI) decisions. Financial motives play...
Persistent link: https://www.econbiz.de/10012973937
return higher shares as second-movers in a trust game. Furthermore, they invest more in rewards and punishment when they can …
Persistent link: https://www.econbiz.de/10012964606
Intentions-based models of social preferences use the framework of psychological games and incorporate higher order beliefs and actions into the utility function. We test the robustness of two types of intentions-based models (guilt aversion and reciprocity). In addition to incentivised...
Persistent link: https://www.econbiz.de/10010281670
trust are traits that explain permanent differences in the short-run volatility of public goods provision …
Persistent link: https://www.econbiz.de/10012927572